Mr. Budman began by confirming what industry insiders already knew: that Roots Canada intended on opening a store in the narrow 89 Bloor retail space that was once a residential townhome. Despite the awkwardness of the space, it lies on one of Canada's most prominent retail locations, alongside retailers such as Hugo Boss, Harry Rosen and Porsche Design (whose lease is expiring soon) and just up the street from super-luxury retailers Chanel, Hermes, Prada, Cartier and others. Now that Roots has announced that it will instead locate its Bloor Street flagship at 80 Bloor Street West (replacing a Gap Kids store), the 89 Bloor space may be available.

Mr. Budman also expressed that Roots may look to utilize 89 Bloor for some purpose, although we're not sure what he might have in mind. We've also been informed by brokers that the space is available for sublease. If anyone is interested in subleasing this space, feel free to contact Craig Patterson at: craig@retail-insider.com and he'll put you in touch with the right people.